Kind Lending · New Mexico · 2025

Kind Lending in New Mexico: approval rate, denial rate and rates (2025)

Kind Lending took 449 mortgage applications in New Mexico in 2025, ranking #42 of 599 lenders active in the state. It originated 66.8% of them and denied 22.3% (24.9% of the applications it decided), against a statewide denial rate of 18.6%.

449Applicationsin NM
24.9%Decision denial ratestate 24.7%
6.63%Median ratestate 6.63%
$305,000Median loanstate $205,000
$95MVolume24 counties

Kind Lending in New Mexico vs the state

22.3%Denial rate+3.67 pts vs state
24.9%Decision denial rate+0.28 pts vs state
66.8%Origination rate+13.48 pts vs state
6.63%Median rate0.00 pts vs state
0.31Rate spread (pts)-0.07 pts vs state
$122kMedian applicant income
300Loans originated
100Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
202325519118.4%6.63%#65
202439524722.8%6.63%#44
202544930022.3%6.63%#42

What Kind Lending lends in New Mexico

By loan purpose

Home purchase 330 73% · 22.1% denied
Refinance 64 14% · 21.9% denied
Cash-out refinance 38 8% · 21.1% denied
Home improvement 17 4% · 29.4% denied

By loan type

Conventional 256 57% · 22.7% denied
FHA 127 28% · 24.4% denied
VA 57 13% · 17.5% denied
USDA / RHS 9 2% · 11.1% denied

Why it denied New Mexico applicants

Unverifiable information 33 33%
Collateral 21 21%
Other 16 16%
Insufficient cash 14 14%
Credit history 12 12%
Employment history 2 2%
Incomplete application 2 2%

Where in New Mexico

Counties with the most Kind Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bernalillo County 16110337 23.0%
Doña Ana County 623812 19.4%
Valencia County 523911 21.2%
Sandoval County 382211 28.9%
Lincoln County 24204 16.7%
San Juan County 19145 26.3%
Eddy County 17115 29.4%
Curry County 16133 18.8%
Santa Fe County 1152 18.2%
Grant County 962 22.2%

Other large lenders in New Mexico

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 4,44020.5%6.75%
21st MortgageF 3,99245.5%9.60%
United Shore Financial ServicesB 3,25112.8%6.13%
Guild MortgageA 3,1864.3%6.63%
NusendaD 2,96213.7%8.00%
Waterstone MortgageC 2,7403.2%6.88%
Vanderbilt Mortgage and FinanceF 2,08546.4%9.99%
Sunward Federal Credit UnionB 1,7659.1%6.50%
Mortgage Research CenterC 1,68315.9%6.25%
Primary Residential MortgageC 1,4974.9%6.63%

Frequently asked questions

New Mexico: 449 applications in 2025, of which 300 were originated and 100 denied.

22.3% of all applications, or 24.9% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans Kind Lending originated in New Mexico in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Kind Lending's own HMDA filing for properties located in New Mexico, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology